AMC Networks Takes $97 Million Hit to Balance Sheet in Q2 on Devaluation of International Business, BBC America

AMC Networks reported its second-quarter 2024 earnings Friday, revealing a $ 97 million hit to its balance sheet, including a $ 68 million goodwill impairment charge at the international division following the sale of 25/7 Media and a $ 29 million long-lived asset impairment charge at BBC America, a joint venture with BBC Studios. The quarter also saw […]
Variety